Industrial Development

UNECE Awards Major Contracts to Finance Energy Efficiency Investments for Climate Change Mitigation [viewed]

Energy Efficiency 21 2 December 2008: During the annual session of the UN Economic Commission for Europe (UNECE), which took place in Geneva, Switzerland, from 19-21 November 2008, its Committee on Sustainable Energy welcomed the announcement of the award of three contracts for work on energy efficiency.

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UNEP Gathers Leaders to Shape UN Green Economy Initiative [viewed]

Global Green New Deal1 December 2008: The UN Environment Programme (UNEP) has convened economists, academics and leaders of private and public institutions at an “International Workshop to take forward the Global Initiative on the Green Economy.” The workshop, which is meeting in Geneva, Switzerland, is considering the US$4 million UN Green Economy Initiative, which was launched on 22 October 2008, and seeks to respond to the global economic downturn by focusing policymakers on the promise of economic growth and job creation in environmental industries.

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ILO Study Calls for Paving the Way to a Green Economy [viewed]

March 2009: The International Labour Organization (ILO) has released “The Financial and Economic Crisis: A Decent Work Response,” which examines current rescue efforts in 32 countries, including all members of the G20, and notes that demographic projections suggest that nearly 90 million net new jobs would be needed over 2009-2010 to absorb new entrants in the labor market and avoid a prolonged jobs gap. The study calls for enhanced cooperation among key international organizations and a reprioritization between these goals, to, inter alia: pave the way for a green economy; and enhance the Green Jobs agenda, considering that green technologies tend to be more job-rich than their carbon-intensive counterparts.

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ASEM to Hold First Ministerial Conference on Energy Security [viewed]

March 2009: The Asia-Europe Meeting (ASEM), an informal process of dialogue and cooperation bringing together the 27 EU member States and the European Commission with 16 Asian countries and the Association of Southeast Asian Nations Secretariat, is organizing the First ASEM Ministerial Conference on Energy Security, to be held from 17-18 June 2009, in Brussels, Belgium.

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ITU to Hold Symposium on ICTs and Climate Change [viewed]

March 2009: The International Telecommunication Union (ITU) will hold its third Symposium on Information and Communication Technologies (ICTs) and Climate Change from 8-10 July 2009, in Quito, Ecuador.

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IDB Approves Energy Efficiency Project in Brazil [viewed]

27 March 2009: The Inter-American Development Bank (IDB) has approved a project to provide Brazil's Usiminas steel company a loan amounting to US$200 million. The first part of the project will finance investments in a new power cogeneration plant and related equipment to produce electricity using excess heat and gases that originate from the production of the steel, allowing the Belo Horizonte-based company to cut its production costs and reduce carbon emissions.

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IDB Board of Governors Adopts Green Growth Initiatives [viewed]

31 March 2009: The Boards of Governors of the Inter-American Development Bank (IDB) adopted a set of initiatives to promote green growth at its 50th Annual Meeting held in Medellín, Colombia, from 29-30 March 2009. Finance ministers and central bank presidents from IDB's 48 member countries discussed the current financial crisis and addressed the IDB's reform, calling for a capital increase that contemplates a strategy to make effective use of additional resources to support social safety net programmes, poverty and inequality reduction, infrastructure investment and measures related to climate change.

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World Bank Holds Energy Week [viewed]

© World Bank3 April 2009: The World Bank's “Energy Week 2009,” which convened from 31 March-2 April 2009, in Washington DC, US, focused on the theme “Energy, Development, and Climate Change.” During the week, energy and development policy-makers and practitioners analyzed several issues, including energy innovations for clean transport; securing a climate sensitive energy supply; integrating wind energy development; and scaling up energy efficiency for climate change mitigation.

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EBRD Funds Clean Energy Investments across Eastern Europe and the Balkans [viewed]

© EBRD31 March 2009: The European Bank for Reconstruction and Development (EBRD) is intensifying its lending for energy efficiency and clean energy projects, and has recently established two new facilities worth €110 million to finance investments by enterprises in the Western Balkans in energy efficiency and renewable energy projects.

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OAS Summit: US President Proposes Energy and Climate Partnership of the Americas, Declaration of Commitment Presented [viewed]

18 April 2009: Addressing the Fifth Summit of the Americas, which took place in Port of Spain, Trinidad and Tobago, from 17-19 April 2009, US President Barack Obama proposed the creation of a new Energy and Climate Partnership of the Americas “that can forge progress to a more secure and sustainable future.” The proposed partnership would promote renewable energy and reduce greenhouse gas emissions through the promotion of energy efficiency and investments in infrastructure and renewable sources of energy.

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